Fed’s Williams Stresses Need to Stick to 2% Inflation Target

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Fed’s Williams Stresses Need to Stick to 2% Inflation Target
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New York Fed President John Williams said it is important for Fed officials to hold themselves accountable to their 2% inflation target

“There’s been a process of going through the stages of grief about a low neutral rate,” he said. “These factors are basically the hand we’ve been dealt for the next five to 10 years.”.

“There’s been a process of going through the stages of grief about a low neutral rate,” he said. “These factors are basically the hand we’ve been dealt for the next five to 10 years.”
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